Major components of the planning and control cycle

Assignment Help Financial Management

Reference no: EM131529328

ROI and Variance Analysis

Submit written responses to these questions.

What are the major components of the planning/control cycle?

What are the four major budgets of a health care organization? Briefly discuss each.

Describe the four types of responsibility centers, including the characteristics of each.

What are transfer prices? Discuss their major disadvantages.

Name two financial measures used to judge the performance of investment centers that are not used to measure the financial performance of profit centers.

What does the term “variance analysis mean when applied of financial performance of health care organizations?

A new cardiac catheterization lab was constructed at Havea Heart Hospital. The investment for the lab was $450,000 in equipment costs and $50,000 in renovation costs. A desired return on investment is 12 percent. Once the lab was constructed, 5,000 patients were served in the first year and were charged $340, for each procedure. The annual fixed cost for the catheterization lab is $1 million and the variable cost is $129 per procedure. What is the catheterization labs profit? Did this profit meet its desired ROI? Why or Why not?

Reference no: EM131529328

Questions Cloud

Considering financing new nuclear power plant : An investment consortium is considering financing a new nuclear power plant.

How does culture and gender influence meanings : How can meaning be influenced by the context in which it is sent? How does culture and gender influence meanings?

What is comretun : What is comretun

Analyze effective recruiting and selection strategies : Analyze effective recruiting and selection strategies that can be used to meet organizational requirements

Major components of the planning and control cycle : What are the major components of the planning/control cycle? What are the four major budgets of a health care organization? Briefly discuss each.

Write a brief paper grading the manager : Write a brief paper (approx 1 page) grading the manager, Syl Tang, on her management skills, techniques and overall performance.

Calculate the after-tax annual cash flows : Construct the cash flow table, calculate the after-tax annual cash flows and determine the undiscounted payback period;

How the policy moved through the policy cycle : What policy instrument is used - How did the policy move from the agenda stage through to the administrative stage of the policy cycle?

Week is centered on the idea of strategic planning : The other discussion question for this week is centered on the idea of strategic planning.

User Account

All Pages